Xinjiang Cotton Enterprises Divide And Increase The Output Of Cotton Decreased Significantly.

It is understood that, on 3-4 January, the gross weight pick-up price of "double 28" and "double 29" cotton picking banks in Kuitun, Shihezi, Urumqi and other places in Northern Xinjiang was stable at 15250-15350 yuan / ton, 15450-15550 yuan / ton (including mixed 2.5%), and most cotton processing enterprises indicated that the purchase of 5 batches or more could be 100-150 yuan / ton in a single purchase.

Southern Akesu, Bachu and other places 3128/2128 class cotton picking (breaking strength 27CN/tex and above) traders gross weight quotes 15500-15600 yuan / ton; "double 29" (including 1.2% or less) traders, textile enterprises gross price 15750-15850 yuan / ton.

Since mid December, the cotton market in the territory has shown two characteristics: first, the spread of high and low quality lint has been widened; the difference between the "double 28" hand picked cotton and the 3128/2128 grade (breaking strength ratio is less than 26.5CN/tex) has been expanded from 200-300 yuan / ton to 400-500 yuan / ton; in the southern part of Xinjiang, the paction price of low quality hand picked cotton has fallen below 15000 yuan / ton (gross weight settlement), and the high quality and high price appears; two is the growing diversity of the inner ginning plant.

Part of the capital chain is tight, and the cotton processing enterprises with high pressure of loan repayment from the agricultural development bank or financing fund supplement the cash flow through the pledge financing of large and medium-sized traders, and bet on the cotton market in the first half of 2019.

A small number of cotton enterprises indicated that the pfer of the right of goods was necessary because of the pledge of cotton, and the goods could only be returned after the payment of the goods needed to be paid back in full. (if there was no payment on time, traders had the right to take the auction and other measures to deal with the pledge of lint), so they preferred to sell at a low price and not to participate in the financing of lint.

According to the statistics of Urumqi Railway Bureau, Xinjiang cotton increased significantly by rail pportation in December, which increased by 13% compared with November, but still lower than the pport level in the same period in December 2018. Highway pportation showed a drop in volume and price, down or more than 20%.

Industry analysis, on the one hand, Zheng cotton's inland delivery warehouse increased to 4 and the storage capacity increased. Cotton enterprises were more inclined to generate warehouse receipts and deliveries in the territory. On the other hand, Zheng cotton contracts in late September "one weak end" (2018/19 cotton listed, issuing loans enterprises must "have spot, only to guarantee"), hand picked cotton, machine picked cotton is now "hanging upside down", cotton enterprises do not have hedging and hedging power.

A regulatory Library in Urumqi said that in December, the railway exported cotton to the mainland textile enterprises, mainly concentrated in Henan, Shandong, Jiangsu and Hebei, Hubei and other consumer areas.

In recent years, the very active cotton traders who bought and shipped them were very low-key.